All PropertyEU Archive articles – Page 543
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PropertyEU ArchiveIcade’s €600m social bond 10 times oversubscribed
French listed property firm Icade’s €5 bn healthcare arm has announced the placing of its first social bond, raising €600 mln with a 10-year maturity and a fixed coupon of 1.375%.
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PropertyEU Archive
PropertyEU 2020 Residential Roundtable: 'Thriving despite Covid-19'
A panel of leading experts in European residential real estate has found that government regulation and the Covid fall-out are buffeting the sector, but experienced investors can still make a tidy nest egg from the asset class.
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PropertyEU ArchiveJLL to make up to 200 staff redundant in the UK
Global property services firm JLL warned this week that it is looking to cut up to around 200 jobs in the UK due to the economic instability caused by the Covid-19 pandemic.
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PropertyEU ArchiveIngka evaluates mixed-use centres in 40 cities as part of €7.3b investment drive
Ingka Centres announced this week that it is evaluating investment opportunities within 40 major cities across Europe, North America and Asia to create new mixed-use urban destinations.
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PropertyEU ArchiveMAGAZINE: Skanska tops PropertyEU office ranking for 3rd year running
Nordic development giant Skanska takes the lead in PropertyEU's annual ranking of the Top Office Developers in Europe for the third year running in 2020, followed by France's Altarea Cogedim and AXA Investment Managers - Real Assets in second and third place.
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PropertyEU ArchiveBain Capital sells historic building in Milan for €56m
Immobiliare Stampa, BPVI’s collapsed property arm which was taken over by Bain Capital last year, has divested a historic office building in the city centre of Milan for a price said to be around €56 mln.
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PropertyEU ArchiveLondonMetric sells €62m of logistics assets in the UK
LondonMetric Property has announced the sale of a portfolio of six distribution warehouses in the UK to Canmoor and Canadian institutional investor, AIMCo, for £57.3 mln (€62 mln), reflecting a blended NIY of 5.3%.
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PropertyEU ArchiveBlackstone puts €220m+ Milan trophy asset up for sale as cap rates tighten
US asset management giant Blackstone is understood to be seeking the sale of a 13,800 m2 newly-renovated trophy asset in the heart of Milan, in one of the first major commercial real estate transaction mandates in the city since the Covid-19 outbreak.
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PropertyEU ArchivePrimonial confirms €400m Spanish BTR JV with Grupo Lar
French asset management giant Primonial confirmed on Thursday that it is joining forces with Spanish construction and property group Lar to invest up to €400 mln in the Spanish build-to-rent sector.
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PropertyEU ArchiveUKCM exchanges contracts with M7 on €51m UK retail park
UK Commercial Property REIT (UKCM), which is managed and advised by Aberdeen Standard Investments, has exchanged contracts to sell Great Lodge Retail Park in Tunbridge Wells, UK, to M7 Real Estate for £46.25 mln (€51 mln) less rent guarantee deductions.
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PropertyEU ArchiveCapco sells London hotel project to APG and LCP for €84m
UK property firm Capital & Counties (Capco) has exchanged contracts to sell the Wellington block, a hotel project in London’s Covent Garden, for £76.5 mln (€84 mln) before costs. The price is in line with the property valuation as at 30 June, the vendor said in a statement.
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PropertyEU ArchiveSavills IM acquires distribution centres in Poland and the Netherlands
Savills Investment Management has acquired a logistics property in Lódz, Poland, and two adjacent distribution centres in Den Bosch, the Netherlands, for a total of €52 mln.
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PropertyEU ArchiveAmundi forward funds two Madrid office buildings
French group Amundi Real Estate has announced the forward purchase of Alcala 544 and 546, two office buildings with a total area of 30,000 m2 in Madrid, from BNP Paribas Immobilier Promotion IE and Therus Invest. Financial details were not disclosed.
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PropertyEU ArchiveULI appoints former Greystar director as new UK head
The Urban Land Institute (ULI) has appointed Sarah Musgrove as its new UK executive director, leading the organisation's largest national council in Europe with over 1,100 members from the private and public sectors.
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PropertyEU ArchiveArrow forward funds major UK logistics asset
Arrow Capital Partners has announced the forward funding of the 248,000 ft2 (23,000 m2) logistics unit known as Corby 248 at Midlands Logistics Park, a joint venture between Mulberry Developments and Frogmore.
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PropertyEU ArchiveBlackstone’s Mileway hires Patrizia’s Muscat to grow portfolio
Blackstone’s European last mile logistics property arm Mileway has recruited Kevin Muscat as head of transactions, commencing 1 October.
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PropertyEU ArchiveCarter to succeed Grigg at the helm of British Land
Chris Grigg, CEO of UK REIT British Land for over a decade, is stepping down following delivery of the company’s 2021 interim results on 18 November.
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PropertyEU ArchivePropertyEU Events: Logistics leaders say competition remains fierce
Leaders in the European logistics sector grouped together for PropertyEU’s virtual roundtable last week for a deep dive into the stand-out asset class of the real estate sector in this most unusual of years.
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PropertyEU ArchiveInvesco sells prime Paris office scheme to La Française
Invesco Real Estate said on Thursday that it has exchanged contracts on a prime office asset in Paris to La Française Real Estate Managers on behalf of one of its clients.
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PropertyEU ArchivePatrizia hires new transactions head for UK & Ireland
European property giant Patrizia has strengthened its existing transaction and sector capabilities in the UK & Ireland with the appointment of Phil Irons as managing director of transactions for those markets.
